Item |
Feb. 24 |
Feb. 21 |
Unit |
ICE Most-active Contract |
14.73 |
15.12 |
cents/pound |
Thai Raw Sugar
Premiums |
1.49 |
1.49 |
cents/pound |
Thai Sugar
Freight |
13 |
13 |
USD/tonne |
Exchange Rate |
7.0364 |
7.0362 |
(CNY/USD) |
Duty-paid
Price within Quotas |
4101 |
4187 |
yuan/tonne |
Price Spread with Shandong Sugar |
2159 |
2113 |
yuan/tonne |
Price Spread with Guangxi Sugar |
1759 |
1673 |
yuan/tonne |
Price Spread with Yunnan Sugar |
1679 |
1573 |
yuan/tonne |
Price Spread with ZCE Contract* |
1721 |
1587 |
yuan/tonne |
Duty-paid
Price beyond Quotas |
6385 |
6524 |
yuan/tonne |
Price Spread with Shandong Sugar |
-125 |
-224 |
yuan/tonne |
Price Spread with Guangxi Sugar |
-525 |
-664 |
yuan/tonne |
Price Spread with Yunnan Sugar |
-605 |
-764 |
yuan/tonne |
Price Spread with ZCE Contract |
-563 |
-750 |
yuan/tonne |
*The most-active contract on the Zhengzhou Commodity Exchange |